RHK 0.64% 77.5¢ red hawk mining limited

way oversold, page-80

  1. 677 Posts.
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    There has to be a capital raising soon so the dumping of shares may be in response to a capital raising that appears imminent. Where the shares are now indicates perhaps a 2.2 to 2.5 cents per share raising. Would make sense to sell no and pick them up at a lower price.

    Although a good story is being told it doesn't equate to anything of substance unless it generates a cashflow - if the moon was made of pure gold and it costs more to mine and bring back than it has no real value.

    The clock is ticking and it keeps ticking. A positive spin may keep shareholders happy in the near term, but until the story sets and has meaning we could all be siting around table in a pub telling yarns.

 
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Last
77.5¢
Change
-0.005(0.64%)
Mkt cap ! $158.8M
Open High Low Value Volume
79.5¢ 79.5¢ 77.5¢ $2.51K 3.161K

Buyers (Bids)

No. Vol. Price($)
1 200 74.5¢
 

Sellers (Offers)

Price($) Vol. No.
78.0¢ 752 1
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Last trade - 14.38pm 15/08/2024 (20 minute delay) ?
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